USD/JPY Intraday: intraday support around 147.25.
Pivot: 147.25
Our preference: long positions above 147.25 with targets at 148.25 & 148.80 in extension.
Alternative scenario: below 147.25 look for further downside with 146.70 & 146.45 as targets.
Comment: the break above 147.25 is a positive signal that has opened a path to 148.25.
Supports and resistances:
149.45
148.80
148.25
147.70 Last
147.25
146.70
146.45
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
CM Trade Mobile Application
Economics Calendar
More